Reinsurance Market Outlook - June and July 2012 Update
Aon Benfield’s 2012 Reinsurance Market Outlook shows that reinsurance capacity, measured by capital, returned to its previous record high of USD470 billion at the end of the first quarter 2012. Insurers’ capital too continued to grow to new records. There continues to be an excess of supply over demand for reinsurance globally. A summary of the June and July rate on line, capacity and retention changes for all renewing markets as well as our outlook for the U.S. June and July renewals can be obtained by clients of our firm through the professionals serving their account.